Answer:
b. $6,000
Explanation:
Depreciation is calculated on the cost of asset. Cost of asset includes the transportation and installation cost, because both are necessary in order to function the asset.
Accordingly total cost of asset = $40,000 + $1,000 = $41,000
Salvage value = $5,000
Thus, amount to be depreciated = $41,000 - $5,000 = $36,000
Useful life of the asset = 6 years
Straight line depreciation = $36,000/6 = $6,000 annually.
At least 5 things you need to do as soon your bank closes your account: you need to understand and check with your bank why the account was closed, stop your direct deposits or automatic bill payments, check for outstanding overdrafts, get a copy of your chex systems report and e<span>valuate your options for a new account. </span>
It means that you're an entrepreneur and are your own boss.
A major source of inefficiency in barter economies is that they require a. a double coincidence of wants in exchange.
<h3>What are the causes of a barter system's inefficiency?</h3>
The barter system is 'inefficient' because a 'double coincidence of wants' is required. Bartering between two parties requires that both parties have what the other wants.
There is no standard unit of account/common measure of value.
Therefore, the Barter system is considered an 'inefficient' system.
Learn more about Barter system here:
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Acacia Corp., a manufacturer of consumer electronics, encountered problems when it attempted to market instant cameras in Spain. Acacia found that Spanish consumers preferred having their film developed in the traditional format. Moreover, the company had failed to conduct a market research study about consumer customs, tastes, and attitudes in Spain. In this scenario, Acacia failed to study Spain's <u>Cultural </u>environment.
<u>Explanation</u>:
A cultural environment is one that consist of beliefs, customs, value of a individual group of people.It has great impact on the thinking and personality of an individual. It performs an major role in determining the demand of a particular group.So it is mandatory for every company to study the cultural environment before introducing any product.
Acacia corp.that manufactures consumer electronics failed to market its camera in Spain. It followed latest technology but failed to survey that Spanish like traditional format of developing films. It even did not study their tastes attitudes and customs. It did not care on cultural environment
